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Nigerian Stock Exchange Market Pick Alerts - Investment (4603) - Nairaland

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Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 11:50am On May 24, 2019
I don't know why i am very bullish on Transcorp. I hope it is safe as I keep accumulating
Re: Nigerian Stock Exchange Market Pick Alerts by robobo: 11:51am On May 24, 2019
DeRuggedProf:



when there seems to be no light at the end of the tunnel, its the right time for tigers to go hunting... grin grin grin
I love to start buying at periods of high uncertainty, when there is no piece of good news anywhere... grin

My Prof that is why i said "slow down a little bit" and not stop.

That a season is perilous does not mean it wld not come with its own bounty, one should just be more careful because it is perilous, carefulness does not equate to halt, it (carefulness) only means PROCEED with caution
Re: Nigerian Stock Exchange Market Pick Alerts by Mcy56(f): 11:53am On May 24, 2019
okochaik:
I don't know why i am very bullish on Transcorp. I hope it is safe as I keep accumulating
You're not alone. Something in my mind just remain positive about it, I hope it's for good. grin
Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 11:54am On May 24, 2019
This is the only time I which I’m in Nigeria..
by the time I enter their office, if newspapers no carry weytin happen na small thing remain..
it is not your money! Companies gave you to pay their shareholders!
Which kind wahala be this I don’t even know which to drag first! My 1 naira or my dividend

3 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 12:05pm On May 24, 2019
@Tritri,now you r done selling off your huge units of Transcorp at no profit,what do you intend doing with the money?Which stock are you intending to buy?

I wonder why you decided to take that unnecessary action when the trend is generally bearish......


Sometime in this year,you will say another had I known......
Re: Nigerian Stock Exchange Market Pick Alerts by rebekah2011(m): 12:05pm On May 24, 2019
This the Q1 snapshot of MTNN. I am looking for where they paid the fine.
chillykelly86:


Oga, what's not true in my post? Funny enough, the post you quoted made no mention of EBITDA.

However, for investors to be properly guided on MTN, a company that has been paying chunks of money in fines, its EBITDA is a way of guaging its earnings potentials without the fines.

I am not here to monkey-hunt for MTN, but its important people get a truer picture and then make their decisions.

Disclosure: I have got some units and bidding for more at suitable prices. I am a long term investor.

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by Deadlytruth(m): 12:15pm On May 24, 2019
chillykelly86:


Oga, what's not true in my post? Funny enough, the post you quoted made no mention of EBITDA.

However, for investors to be properly guided on MTN, a company that has been paying chunks of money in fines, its EBITDA is a way of guaging its earnings potentials without the fines.

I am not here to monkey-hunt for MTN, but its important people get a truer picture and then make their decisions.

Disclosure: I have got some units and bidding for more at suitable prices. I am a long term investor.

Congratulations!
Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 12:20pm On May 24, 2019
locodemy:
@Tritri,now you r done selling off your huge units of Transcorp at no profit,what do you intend doing with the money?Which stock are you intending to buy?

I wonder why you decided to take that unnecessary action when the trend is generally bearish......


Sometime in this year,you will say another had I known......

i'll put it in zenith below 18.am not done.i only sold half.
Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 12:24pm On May 24, 2019
tritritri:


i'll put it in zenith below 18.am not done.i only sold half.

You can do it today,by this time next week,zenith will sell for #20 and if you are not able to get it @ below #18,you will not forgive yourself for selling Transcorp in such a manner.
Re: Nigerian Stock Exchange Market Pick Alerts by mendes911: 12:27pm On May 24, 2019
locodemy:
@Tritri,now you r done selling off your huge units of Transcorp at no profit,what do you intend doing with the money?Which stock are you intending to buy?

I wonder why you decided to take that unnecessary action when the trend is generally bearish......


Sometime in this year,you will say another had I known......

Why will you say to 333 when Transcorp touches N1.00 later in the year?
Re: Nigerian Stock Exchange Market Pick Alerts by Mpeace(m): 12:31pm On May 24, 2019
Yayira:


How far ? You don collect your 1 naira?
Not yet oh. The thing dey pain me. That money is more than half my portfolio, and my brokers no want understand. I still dey on specimen signature stage. But united securities keep sending me mails that they are yet to have my signature specimen.
This is the last one sent last week.

Dear Esteemed Shareholder,



This is to acknowledge receipt of your E-mail.



However, please be informed that we currently do not have your signature specimen on our records.



Kindly liaise with your stockbrokers to complete Purchase Transfer Form for the shares. Thereafter, the transfer form will be uploaded on your account and used as a signature mandate, without the transfer form dividend payment cannot be made.



We await receipt of your transfer form from CSCS.



Regards.





Olakunle Cole -Onitiri

CUSTOMER CARE
Plot 009, Amodu Ojikutu Street,
Off Saka Tinubu,
Victoria Island,
Lagos
Ext: 0
Mobile: 01-2714566-7
Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 12:31pm On May 24, 2019
mendes911:


Why will you say to 333 when Transcorp touches N1.00 later in the year?

That's to tell you am desperate to have more units because I know sometime in this year,I will smile........not even a joke.

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 12:37pm On May 24, 2019
Mpeace:
Not yet oh. The thing dey pain me. That money is more than half my portfolio, and my brokers no want understand. I still dey on specimen signature stage. But united securities keep sending me mails that they are yet to have my signature specimen.
This is the last one sent last week.

Dear Esteemed Shareholder,



This is to acknowledge receipt of your E-mail.



However, please be informed that we currently do not have your signature specimen on our records.



Kindly liaise with your stockbrokers to complete Purchase Transfer Form for the shares. Thereafter, the transfer form will be uploaded on your account and used as a signature mandate, without the transfer form dividend payment cannot be made.



We await receipt of your transfer form from CSCS.



Regards.





Olakunle Cole -Onitiri

CUSTOMER CARE
Plot 009, Amodu Ojikutu Street,
Off Saka Tinubu,
Victoria Island,
Lagos
Ext: 0
Mobile: 01-2714566-7

My brother,this thing can't take more than 3 weeks for you to get your money.United securities I know must refer you to your broker.

Meet your broker now and pay them to process the transfer form of all the stocks you have with them.

This was how I did to claim all my outstanding dividends in Aiico and wapic under the control of United securities.
Re: Nigerian Stock Exchange Market Pick Alerts by DeRuggedProf: 12:40pm On May 24, 2019
Mpeace:
Not yet oh. The thing dey pain me. That money is more than half my portfolio, and my brokers no want understand. I still dey on specimen signature stage. But united securities keep sending me mails that they are yet to have my signature specimen.
This is the last one sent last week.

Dear Esteemed Shareholder,



This is to acknowledge receipt of your E-mail.



However, please be informed that we currently do not have your signature specimen on our records.



Kindly liaise with your stockbrokers to complete Purchase Transfer Form for the shares. Thereafter, the transfer form will be uploaded on your account and used as a signature mandate, without the transfer form dividend payment cannot be made.



We await receipt of your transfer form from CSCS.



Regards.





Olakunle Cole -Onitiri

CUSTOMER CARE
Plot 009, Amodu Ojikutu Street,
Off Saka Tinubu,
Victoria Island,
Lagos
Ext: 0
Mobile: 01-2714566-7

Still thank your God.
Maybe, just maybe, if they paid you earlier, some other stock might have nicely carved out 20% from that money. Be patient, all will end well and the money will land when PETERICHY is doing next bonanza.... grin
Re: Nigerian Stock Exchange Market Pick Alerts by chunkuli: 12:40pm On May 24, 2019
if you can get your bank to sign and stamp the form and upload for you. then expect your payment in about a week from that
Yayira:
This is the only time I which I’m in Nigeria..
by the time I enter their office, if newspapers no carry weytin happen na small thing remain..
it is not your money! Companies gave you to pay their shareholders!
Which kind wahala be this I don’t even know which to drag first! My 1 naira or my dividend
Re: Nigerian Stock Exchange Market Pick Alerts by chunkuli: 12:44pm On May 24, 2019
fill another form, take it to your bank( l used fbn) get them to sign, stamp and upload for you. you get paid in about a week after that
Mpeace:
Not yet oh. The thing dey pain me. That money is more than half my portfolio, and my brokers no want understand. I still dey on specimen signature stage. But united securities keep sending me mails that they are yet to have my signature specimen.
This is the last one sent last week.

Dear Esteemed Shareholder,



This is to acknowledge receipt of your E-mail.



However, please be informed that we currently do not have your signature specimen on our records.



Kindly liaise with your stockbrokers to complete Purchase Transfer Form for the shares. Thereafter, the transfer form will be uploaded on your account and used as a signature mandate, without the transfer form dividend payment cannot be made.



We await receipt of your transfer form from CSCS.



Regards.





Olakunle Cole -Onitiri

CUSTOMER CARE
Plot 009, Amodu Ojikutu Street,
Off Saka Tinubu,
Victoria Island,
Lagos
Ext: 0
Mobile: 01-2714566-7
Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 12:45pm On May 24, 2019
@Tritri,the money I made in zenith dividend this year,I have not made it from any stock this year.

This time around,the money I will make in Transcorp,zenith can't give me in next year dividend.

Good as I have both in my portfolio.

I love a stock that I can comfortably bail out millions of units in a day.

You made a good decision but stop selling the remaining Transcorp.
Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 12:52pm On May 24, 2019
chunkuli:
fill another form, take it to your bank( l used fbn) get them to sign, stamp and upload for you. you get paid in about a week after that

Oga I know the registrar better than you do.
If he wants the money,he will go to his broker.They already have the forms needed by the registrar.The registrar will give him one of the forms which he will take to his bank for confirmation and bring it back to his broker for onward processing.



I don talk finish Sha.........@mpeace.... you be my man
Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 12:56pm On May 24, 2019
locodemy:
@Tritri,the money I made in zenith dividend this year,I have not made it from any stock this year.

This time around,the money I will make in Transcorp,zenith can't give me in next year dividend.

Good as I have both in my portfolio.

I love a stock that I can comfortably bail out millions of units in a day.

You made a good decision but stop selling the remaining Transcorp.


Loco am too expose to equity, and recent happening i have to lower my exposure . my main loss r in eti and zenth uba. transcorp i sold majority at 1.20
Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 1:10pm On May 24, 2019
tritritri:



Loco am too expose to equity, and recent happening i have to lower my exposure . my main loss r in eti and zenth uba. transcorp i sold majority at 1.20

These 3 stocks you mentioned have not changed in their fundamentals even their latest results were lots of improvement.

You only have a paper loss for now.pls stop selling any of those stocks including Transcorp.

No matter how exposed you are in equities,you need to average down in some of those stocks especially zenith.

Tritri, everyone has turned to an investor as a matter of the loses in equities.It is either you wait for recovery or you average down or you look for a fresh fund for a fresh trading.....
Re: Nigerian Stock Exchange Market Pick Alerts by Mpeace(m): 1:16pm On May 24, 2019
locodemy:


My brother,this thing can't take more than 3 weeks for you to get your money.United securities I know must refer you to your broker.

Meet your broker now and pay them to process the transfer form of all the stocks you have with them.

This was how I did to claim all my outstanding dividends in Aiico and wapic under the control of United securities.
I did that since march, before even the N1 became due. I repeated same last April. Yet nothing. Thats why I once asked here, how long it takes to process specimen signature form.
Re: Nigerian Stock Exchange Market Pick Alerts by Mpeace(m): 1:22pm On May 24, 2019
DeRuggedProf:


Still thank your God.
Maybe, just maybe, if they paid you earlier, some other stock might have nicely carved out 20% from that money. Be patient, all will end well and the money will land when PETERICHY is doing next bonanza.... grin
True. And you even got the % loss I would have incurred. I had plans then to invest half of it in WAPCO. I think Waco was 12.5 then or thereabout. Can't remember now.
Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 1:23pm On May 24, 2019
Mpeace:
I did that since march, before even the N1 became due. I repeated same last April. Yet nothing. Thats why I once asked here, how long it takes to process specimen signature form.

Did your broker process the transfer form for you?

cardinal stone and veritas will process it through your bank and not broker.

United securities and first registrar's must NOT do without your broker.

So which of the options did you use to process it?
Re: Nigerian Stock Exchange Market Pick Alerts by Deadlytruth(m): 1:23pm On May 24, 2019
One of the reasons why I removed dividend hunting from my investment philosophy is the ugly experiences through which registrars are putting people as being narrated by members here. I don't think I have the energy to be sending mails to registrars, having to go to their office to fill one form and take it to the stockbroker, etc which are steps far more complicated than the initial dividend warrant which one gets sitting in one's house or by just going to the registrar with proof of identity after 6 months of being sent and returned.
The only outstanding dividend I have now is that of CHAMS which came by default. I don't think I will ever bother trying to get it except a miracle happens and it just flies into my bank account.

The whole essence of this e-dividend policy or 'innovation' is defeated.
Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 1:34pm On May 24, 2019
locodemy:


These 3 stocks you mentioned have not changed in their fundamentals even their latest results were lots of improvement.

You only have a paper loss for now.pls stop selling any of those stocks including Transcorp.

No matter how exposed you are in equities,you need to average down in some of those stocks especially zenith.

Tritri, everyone has turned to an investor as a matter of the loses in equities.It is either you wait for recovery or you average down or you look for a fresh fund for a fresh trading.....



Ummm Thanks for ur advice .
Re: Nigerian Stock Exchange Market Pick Alerts by robobo: 1:39pm On May 24, 2019
MTNN don land ooooo
dem don dey even reduce price for una
so make una go grab una copy oooo
make una no forget sell all the FUGAZ wey una get oo so dat una go fit load more of the MTNN
Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 1:47pm On May 24, 2019
tritritri:



Ummm Thanks for ur advice .

You r welcome my brother.

Can you see how Transcorp is doing now you decided not to dump again.If I bring mine out on Monday,the price will go down likewise but later we will regret our actions.


If we can join hands with other people to grab 1 billion units of Transcorp,we can influence the price the way we want and also have a controlling hand in the company.what do you say?
Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 1:52pm On May 24, 2019
locodemy:


You r welcome my brother.

Can you see how Transcorp is doing now you decided not to dump again.If I bring mine out on Monday,the price will go down likewise but later we will regret our actions.


If we can join hands with other people to grab 1 billion units if Transcorp,we can influence the price the way we want and also have a controlling hand in the company.what do you say?


1Billion unit inside 40B OS. ?
Re: Nigerian Stock Exchange Market Pick Alerts by DeRuggedProf: 1:54pm On May 24, 2019
tritritri:



Loco am too expose to equity, and recent happening i have to lower my exposure . my main loss r in eti and zenth uba. transcorp i sold majority at 1.20

You need to open your brokerage firm.... grin
I envy your brokers, even if they are taking only 1.5% on a round trip... grin
Re: Nigerian Stock Exchange Market Pick Alerts by Mcy56(f): 1:56pm On May 24, 2019
robobo:
MTNN don land ooooo dem don dey even reduce price for una
so make una go grab una copy oooo make una no forget sell all the FUGAZ wey una get oo so dat una go fit load more of the MTNN
Lol. Peter how MTN market? grin grin grin
Re: Nigerian Stock Exchange Market Pick Alerts by Mcy56(f): 1:57pm On May 24, 2019
DeRuggedProf:
I envy your brokers, even if they are taking only 1.5% on a round trip... grin
grin grin
Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 1:59pm On May 24, 2019
tritritri:



1Billion unit inside 40B OS. ?

Yes,it will reduce the ones on free float.Remember Tony has more than 9B from the 40 Os.There are other institutional investors and individuals with over 1B units not ready to sell.

Let's grab the ones @ retailers hand and see what happens.Determination is success.

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